ATO Accepts Pre-Payment of Tax Bills

16.02.2016 / by JAG Team / 0 comments

Tax Pre-Payment A pre-payment is a payment made in advance for an expected tax bill. A business can make pre-payments at any time to make it easier to manage its tax. Some tax liabilities qualify for early payment interest when…


Allowing for Private Expenses

11.02.2016 / by JAG Team / 0 comments

The ATO acknowledges that at times it is convenient for a business owner to purchase goods through their business that are in fact for private use, and also that there are goods that are purchased that may legitimately be used…

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